UDR Announces First Quarter 2020 Results and Withdraws Full-Year 2020 Guidance

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Go back to UDR Announces First Quarter 2020 Results and Withdraws Full-Year 2020 Guidance

UDR, Inc. (UDR) Misses Q1 EPS by 2c, Revenues Beat; Withdraws FY20 Guidance

May 6, 2020 4:30 PM EDT

UDR, Inc. (NYSE: UDR) reported Q1 EPS of $0.01, $0.02 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $321.48 million versus the consensus estimate of $311.11 million.

As a result of uncertainties due to the ongoing Novel Coronavirus (COVID-19) pandemic, the Company has withdrawn its previously provided full-year 2020 guidance outlook.

While first quarter 2020 results met... More